Fund I · Now Raising · Oversubscribed in Spirit

We buy at 20x.
We sell at 19x.

The difference is conviction. EBITDA 20X Partners is a thesis-driven, discipline-agnostic private equity platform founded on one belief: multiples are a social construct, and the market will eventually agree with us.

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Investment Strategy

Three pillars. Zero hedges.

Most funds compete on price, operational value creation, or proprietary sourcing. We compete on the willingness to pay more than everyone else, consistently, and to call it a strategy.

Price Leadership

We win every auction by the simple expedient of bidding the highest. Our sell-side advisors describe us as "a pleasure to work with."

Multiple Expansion

We have never achieved it, but we model it in every case. The base case is the upside case. The downside case is also the upside case.

Operational Excellence

Each portfolio company receives a 100-day plan, a new CFO, and a Teams channel. Synergies are identified on day 101.

Track Record

The numbers speak for themselves. We ask them not to.

Performance figures below are unaudited, forward-looking, and gross of everything.

20x
Average entry multiple
Adjusted for optimism
19x
Average exit multiple
Target, not achieved
100%
Deals won when bidding
Sample size: pending
0.95x
Gross MOIC
Before leverage, which helps
Investment Criteria

What we look for

We maintain a disciplined set of criteria, which we review and relax quarterly.

Leadership

A partnership of one

Lean by design. Every investment decision passes through a rigorous one-person Investment Committee with a long record of agreeing with itself.

J

Jordi

Founder, Managing Partner, Chairman, IC

Jordi founded EBITDA 20X Partners after concluding that the main thing standing between the industry and 20x entry multiples was a lack of ambition. He has chaired more boards than he has attended. Outside the office he enjoys long walks through management presentations.

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Open Role

Partner, Dissenting Vote

We are actively recruiting a second partner to provide independent challenge at Investment Committee. Candidates should be comfortable being outvoted one to one. Compensation is in carry, and the carry is in the model.

Portfolio

Selected investments

Current and pending. "Pending" is doing a lot of work in that sentence.

"Everyone has a plan until they see the QoE."

Jordi, Managing Partner, moments before increasing the bid
Limited Partners

Fund I is now accepting expressions of regret

Minimum commitment: one strongly worded opinion. Data room access is granted to anyone who asks nicely and promises not to open the Excel.

Institutional inquiries, co-investment interest, and unsolicited advice:

ir@ebitda-20x.com →